What Is An Overlay:
An overlay occurs when a poker room has to add money to the prize pool in a poker tournament.
Suppose a poker room runs a $100,000 guaranteed prize pool tournament. The buy-in is $100+$9, and only 800 players enter. Normally, the prize pool would be $80,000. Since the poker room guaranteed the prize pool would be at least $100k, it would have to add $20k to the prize pool.
This additional $20k is considered the overlay. All prizes in this tournament are 25% larger than they normally would be had there been no guarantee.
This represents great value for a player and most of the skilled poker players know that this is the way to go as you are getting much better odds for your money. Sometimes you may be against less then a hundred opponents, but have a chance of winning over two hundred times your stake.
The best overlays are usually found at small or new poker sites that have to use big guaranteed tournaments to attract new players. You should home in on these and scoop up the rewards that are on offer.
Suppose a poker room runs a $100,000 guaranteed prize pool tournament. The buy-in is $100+$9, and only 800 players enter. Normally, the prize pool would be $80,000. Since the poker room guaranteed the prize pool would be at least $100k, it would have to add $20k to the prize pool.
This additional $20k is considered the overlay. All prizes in this tournament are 25% larger than they normally would be had there been no guarantee.
This represents great value for a player and most of the skilled poker players know that this is the way to go as you are getting much better odds for your money. Sometimes you may be against less then a hundred opponents, but have a chance of winning over two hundred times your stake.
The best overlays are usually found at small or new poker sites that have to use big guaranteed tournaments to attract new players. You should home in on these and scoop up the rewards that are on offer.
